Product Briefing:
New Jeevan Anand (Plan No 715) is a participating non-linked plan which offers an attractive combination of savings and protection. This plan provides financial protection against death throughout the lifetime of the policyholder and lump sum payment at the end of the selected policy term if policyholder survival.
Minimum Entry Age
18 Years Completed
Maximum Entry Age
50 Years Nearest Birthday
Maximum Maturity Age
75 Years
Premium Payment Mode
Yearly, Half yearly, Quarterly, Monthly (ECS)
Term
15 to 35 Years
Minimum Sum Assured
2,00,000
Maximum Sum Assured
No Limit (Depend on Income of Policy Holder)
Maximum Accidental Death Disability Benefit Rider up to Age 70
Income Tax benefit
Premium Paid under this Plan is eligible for TAX rebate under Sec 80C and Maturity is also free from Tax under Sec 10(10D).
Loan / Surrender
The Policy can be surrendered at least 2 full year premium have been paid. The Guaranteed Surrender Value shall be the percentage of total premium Paid. Loan also can be paid after 2 years premium paid
